Reimagining Aid Design and Delivery (RADD)
As lawmakers consider reauthorization of the Higher Education Act, the student aid programs continue to face severe funding and efficiency problems. With grant assistance from the Bill & Melinda Gates Foundation through Phase 1 of their "Reimagining Aid Design and Delivery" (RADD) project, NASFAA in February 2013 released a policy brief examining the current systems of student aid with an eye towards reimagining how they could be improved in the future. The report included input, suggestions and feedback from NASFAA members across the nation and other members of the higher education community.
Download NASFAA's RADD policy considerations >>
Through a second Gates Foundation RADD project grant, NASFAA on March 20, 2014 released a paper, written in conjunction with four other policy organizations, calling on Congress to reform the overly complex repayment process for federal student loans by automatically enrolling
all new borrowers in a single income-based repayment (IBR) plan. The recommendations were presented at an event held the same day and hosted by the Committee for Economic Development. The organizations in the Phase 2 consortium included: NASFAA, HCM Strategists, Institute for Higher Education Policy, New America, and Young Invincibles. Read the full IBR RADD report and NASFAA's supplemental paper on income-contingent loan systems in other countries.
Craig Munier, director of the Office of Scholarships and Financial Aid at the University of Nebraska – Lincoln and 2013-14 NASFAA national chair, discusses the work of the RADD Task Force at the 2013 NASFAA National Conference.